Sinclair shook up the media and broadcasting worlds this week by taking an 8.2 percent equity stake in E.W. Scripps. The $15.6 million in Scripps’ Class A common stock isn’t enough to raise eyebrows, except for the fact that it signals a clear intent to acquire the broadcaster, possibly in hostile style.
SMB-marketing-focused SaaS leader Thryv has announced the acquisition of CRM and marketing automation platform Keap. The transaction is valued at $80 million, all in cash and subject to customary adjustments, and is expected to close in the fourth quarter, subject to standard closing conditions.
After recently asking if Publicis has gotten too big, we learned this week that it just got a little bigger. The company announced the acquisition of commerce marketing firm Mars United Commerce (formerly the Mars Agency), whose intelligence platform is hoped to round out Publicis’ analytics muscle.
Yext announced that it has entered into a definitive agreement to acquire Heresay Systems for $125 million. Heresay specializes in marketing and support in the financial services sector.
Marketing powerhouse and publisher R.R. Donnelley & Sons Company (RRD) has announced that it will acquire the digital print and marketing divisions of Vericast. Known specifically as Vericast Digital Marketing & Technology, it includes the company’s wide array of digital publishing assets.
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Meta has entered into an agreement with Shutterstock to sell Giphy for $53 million. It acquired the GIF engine in 2020 for $400 million, meaning that it will recoup about 13 percent of the original investment. That’s a big write-down but there’s more to it.
Website services giant Newfold Digital announced that it has entered into a definitive agreement to acquire Deluxe’s Australia web hosting operations. We examine drivers & dynamics.
Data software provider Precisely announced today that will acquire location intelligence firm PlaceIQ. Precisely is owned by Clearlake Capital Group and TA associates – both private equity firms that continue to make moves in local commerce. We examine dynamics & drivers.
Today we learn that Canadian martech player Vendasta has acquired search, display, and social adtech platform Matchcraft from Advance Local for an undisclosed sum. While
GoDaddy’s has entered an agreement to acquire Pagely for an undisclosed amount. The deal is driven by GoDaddy’s continued interest in developing eCommerce as a core function of its expanding website services. We examine.
What’s the state of the current M&A and investing environments? To break this down, a panel of investors and M&A advisors at Localogy 2021 batted around the topic. We have video and summarized takeaways.
After several roller-coaster years under various owners, Yahoo officially starts its next era. PE firm Apollo Global Management announced the completed acquisition of the company from Verizon.
What is a SPAC, and why are they so hot? We tackle these questions and break down the drivers and dynamics for SPACs in the latest financial roundtable. We have the video and takeaways for Localogy Insider readers.
One of the biggest events in the website world over the past year was the formation of Newfold Digital. After covering the news last month, we’re going one level deeper with our video panel of M&A experts.
Dropbox announced that it will acquire DocSend for $165 million. This is partly a sign of the times and partly a traditional expansion play to gain a more expansive suite and grow its addressable market.
Amazon rarely does anything quietly, even when it wants to. But it managed to do so with last month’s under-the-radar acquisition of SMB eCommerce enabler Selz. We examine.
Even in a Pandemic, we see funding & M&A activity. As discussed in a recent M&A roundtable, some businesses are actually gaining increased levels of
Funding Watch is Localogy’s series that tracks funding to SMB-focused startups and tech providers. See the rest of the series here. The last few weeks have seen
